USDJPY has broken through a support line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 156.4052 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Supported by RSI above 60
Target: 156.4052 Entry: 156.7945 Stop: 157.195
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